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MFS Charter Income Trust V.MCR


Primary Symbol: MCR

MFS Charter Income Trust (Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but also considers capital appreciation. The Fund primarily invests in debt instruments. The Fund also invests in corporate bonds of the United States and/or foreign issuers, United States government securities, foreign government securities, mortgage-backed securities and other securitized instruments of United States and/or foreign issuers, and/or debt instruments of issuers located in emerging market countries. It invests in a range of fixed income sectors, such as high yield corporates, emerging markets bonds, investment grade corporates, Non- United States government bonds, commercial mortgage-backed securities, mortgage-backed securities, collateralized debt obligations, municipal bonds, asset-backed securities and United States treasury securities. The Fund's investment advisor is Massachusetts Financial Services Company.


NYSE:MCR - Post by User

Comment by nozzpackon Dec 16, 2020 12:02pm
150 Views
Post# 32119056

RE:Much better than first Read

RE:Much better than first ReadSpread 5B is technically challenging....o you have any particular engineering challenges that are unique or will require innovative solutions?

Beyond the typical challenges of a major project development, the Project also has site-specific characteristics that will test this construction team.

  • The scope and complexity of construction necessitates meticulous planning to meet the demands of simultaneous work in many areas while mitigating risk. 
  • The Project is planned during a period that places intense pressure on resources, with other projects in the region competing for the same limited pool of skilled personnel.

Spread 5B also has the following technical challenges: 

  • Cable crane — Installation of an 18-ton cable crane over the Dry Gulch valley to get pipe and welding equipment up and down the hills. 
  • Cable winches — Drill and cement bases will be installed to mount cable winches on. These winches are then used to lift and lower large equipment like excavators and bulldozers into the gulch.
  • Grade and ditch blasting — There are approximately 1.3 million cubic metres of rock to blast. A lot of this is close to highways, waterways, existing underground facilities and geohazard areas.
  • Rock saw ditching units will be used to cut through rock wherever possible.
  • Tunnel — Pipeline installation in existing tunnel through steep geohazard areas in the mountains.
  • Microtunnelling, an underground or trenchless technology, for highway crossings.
  • Four isolated open-cut crossings and one open-cut crossing of the Coquihalla River, plus several other major tributaries.
  • Some of the sloped areas are 28-degree side slopes which ‘skinny’s up’, or narrows the working platform, making access a challenge.

While construction poses challenges, MSJV has a corporate and contractual commitment towards responsible environmental and social behaviors that will be the basis of the Project’s sustainability and community legacy.

 
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